Liquid Legal: Transforming an Industry (openSAP)

Offered by SAP,
Liquid Legal: Transforming an Industry (openSAP)

With the technological changes driven by the digitalization, the globalization of the legal market, and the arrival of new players, the legal function needs to change. This course describes a vision of the legal industry and the key principles that support a paradigm shift from one of security towards one of opportunity. In particular, it shows opportunities for in-house legal departments of large enterprises, and discusses how they can become a strategic partner for corporate executives, clients, and stakeholders.

Students will discover how to develop solutions that help lawyers and contract-facing personnel redefine their profession. They’ll learn that future corporate lawyers will no longer primarily be negotiators, litigators, and administrators; instead they’ll be coaches, arbiters, and entrepreneurs. Legal knowledge and data-based services will become a commodity, and analytics will be a key driver for the future of the profession. Finally, they’ll understand that this vision also requires a change in mindset and culture.

Course Content

Week 1: Liquid Legal Principles
Week 2: Liquid Legal Players

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